The Straits Times : Weekly Overseas Edition, 10 September 1994

Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 21 1 The Straits Tim es WEEKLY EDITION SATURDAY, SEPTEMBER 10, 1994 Price: S$1.20 (In Singapore) Elsewhere by subscription only MITA (P) 087/08/94
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  • 620 1  -  By Tan Kim Song SINGAPORE has been rated the second most competitive economy in the world, trailing only the United States, said the World Competitiveness Report (WCR) 1994 in its first such ranking on a global basis. The republic shines in most aspects of competitiveness,
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  • 635 1  -  Pedra Branca issue set for legal ruling By Zuraidah Ibrahim in Langkawi PRIME Minister Goh Chok Tong on Wednesday declared his three-day working visit to Langkawi a good one and said that two outstanding bilateral issues had moved a step towards settlement. The
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  • 350 1 LANGKAWI The Prime Minister said on Wednesday that it was wrong of some women’s groups to attack his National Day rally speech as anti-women. It was pro-fami-ly, he said. At a brief press conference here, Mr Goh Chok Tong was asked about public
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  • NEWS FOCUS
    • Two doctors in trouble, one for negligence, the other for unprofessional conduct
      • 365 2 Young doctor may be prosecuted A CORONER on Wednesday found a doctor criminally negligent in causing the death of a leukaemia patient. The doctor had given the patient a cancer drug through the spinal fluid instead of through her veins. Coroner Tan
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      • 345 2 Lied to patient that she had Hepatitis A A BRITISH surgeon in private practice here has been censured by the Singapore Medical Council (SMC) and suspended for three months, for giving a patient unnecessary treatment. Dr Colin Evans, 62. runs a solo
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      • 343 2 THE Singapore Dental Board has ordered a dental surgeon to be struck off in November for abetting two women, both his unregistered assistants, to practise dentistry. The board said in a statement that it had ordered the cancellation of Alfred Choi Wai
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    • 431 2 THE World Bank has asked Singapore’s courts to share with it their experience in reducing the backlog of cases and delays in administering justice. The- world body wants to use the information to help it make recommendations for judicial reform in other countries.
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    • 585 3  -  Speak Mandarin Campaign By Wang Hui Ling CHINESE Singaporeans can preserve and transmit values, culture and a sense of identity through the use of Mandarin, said Deputy Prime Minister Lee Hsien Loong on Tuesday. Speaking in Mandarin at the launch of
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    • 318 3 PROFESSOR Chan Heng Chee and Professor Tommy Koh had an audience of about 1,000 in stitches with their presentation of a cross-talk, or xiangsheng, in Mandarin on Tuesday night. The cross-talk between the respective directors of the Institute of South-east Asian
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    • 459 3  -  By Tan Ooi Boon LOANSHARKS in Singapore have lost their teeth, thanks to tough laws introduced last year. Many are now reluctant to use violent or thuggish methods, such as beating up debtors or vandalising property, which were the trademark
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    • 139 3 A 19-YEAR-OLD youth allegedly pushed his friend out of the window of a condominium. The latter fell five storeys and landed on a car. Dominic Sim Kern Yeow then allegedly went to the carpark and stabbed Mr Edwin Chew Kok Chuan,
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  • HOME
    • 631 4  -  By Warren Fernandez CHILDREN of graduate parents do much better in their school examinations than those whose parents have lower academic qualifications. latest figures released by the Education Ministryshow. Those whose mothers and fathers were graduates were 170 times more
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    • 386 4 TWO women who topped their medical class this year received the prestigious MBBS (Honours) degree from the National University of Singapore last Friday. Only 10 students since 1971 have received this honours degree, including Dr Judy Lim. now the chief executive officer of Tan
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    • 301 4 THE four outgoing Nominated MPs said they would consider entering mainstream politics, given the appropriate time and environment. Haematologist Toh Keng Kiat, businessmen Chia Shi Teck and Robert Chua. and trade unionist Tong Kok Yeo said this in separate interviews with The Straits Times lastr Thursday.
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    • 537 4  -  Easier for small investors By Chan Sue Meng and Tammy Tan SINGAPORE Telecom will make it easier for small investors to receive dividends. It will pay them gross dividends, instead of net, or after tax. which is the usual practice. For the year ended March 31,
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    • 370 5 THE sentencing policy of the courts will ensure that, over time, a “tariff” would emerge, against which the appropriateness of a punishment can be judged. Once such a “tariff” has been set, judicial officers will be guided in their sentencing and lawyers will be
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    • 345 5 NATIONAL Servicemen will now be issued with additional personal equipment like helmets and field packs which they can take home for use during In-Camp Training (ICT) and mobilisation exercises. Defence Minister Lee Boon Yang announced this last Saturday after observing NS artillery
      Timasgraphics  -  345 words
    • 419 6 He pledges to strengthen security cooperation SINGAPORE is of substantial commercial, political and strategic significance to the United States, said the newlyaccredited US envoy. Mr Timothy Chorba. Speaking at a press conference after presenting his credentials to President Ong Teng Cheong
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    • 442 6 FOR 10 years, a provision shop owner used an Imperial Chinese seal as a paperweight without realising that it was worth more than $lO,OOO. But he later kept the seal, an orange stone with intricate carvings, in his safe, and it was
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    • 404 6 Panel to look into proposal to help those stuck at top EMPLOYERS have formed a committee to study the impact of the extension of the retirement age to 67 on employees’ wages and fringe benefits. The committee set up by the Singapore
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    • 510 6 IF MORE marriages are being delayed now, it is because Singaporeans are spending more time courting. The mean duration of courtship had increased from 2.6 years in 1988 to three years in 1992, according to a report in the Statistics Singapore Newsletter published by the
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    • 438 7  -  Plan to ‘connect’ S’poreans in cities By Choo Li Meng SINGAPOREANS living in the major cities in China will be better connected to each other once the Singapore Club in Beijing launches its plan for extended networking. Fellow citizens working or studying in
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    • 311 7 EIGHTEEN students graduated last Saturday from the Lasalle-SIA College of the Arts with the first Fine Arts degrees conferred in Singapore by the Royal Melbourne Institute of Technology (RMIT). One of the 12 Fine Arts (Painting) graduates, Ms Geraldine Lau, 24, topped her class.
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    • 311 8 A FIFTEEN-YEAR-OLD schoolboy’s essay about his hopes for his future won him the top prize of $660 in cash and books in an essay competition. More than 53 countries sent in entries to the 1993/94 Commonwealth Essay Competition. which is organised
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    • 375 8 MR PEH Chin Hua, the deputy chairman of the Government Parliamentary Committee on Education, said that he will ask Parliament to let all teachers cane students who misbehave. Now only principals and authorised teachers can wield the cane. He was speaking
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    • 410 8 HONGKONG teenager Shiu Chi Ho. 17. who received six strokes of the cane in June for a spate of vandalism offences. was released from Queenstown Remand Prison on Tuesday. Smiling as he walked out* the prison gates, he left with his parents in a
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    • 254 8 THE MRT Corporation is updating its plans for a line through the north-east sector of Singapore, and for an extension to Changi Airport. In a statement on Monday, it said this was necessary as new land developments have emerged
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  • Page 5 Advertisements
    • 340 5 The Straits Times WEEKLY EDITION News From Home Wherever You are The Straits Times Weekly Edition offers you a crisp summary of the week's major happenings in Singapore and Asean. You can stay in touch with the social issues, politics, business and economy at home wherever you are studying or
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  • Page 7 Advertisements
    • 50 7 MAKING AN ISSUE OF THE MAJOR ISSUES. The Straits Times Weekly Edition. A crisp summary of the week's major happenings in Singapore. Politics, business, the economy, investment opportunities, executive appointments... And highlights on Malaysia and Asean. A convenient tabloid airmailed to you wherever you may be. Every week. The StraitsTtmes
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  • SPORTS
    • 640 9  -  Singapore Open Track and Field Championships By Shirlynn Ho-Pereira ONE quick peek to the side and Muhamad Hosni Muhamad knew who had won the race. Arms outstretched in triumph as he crossed the finishing line, the Republic’s fastest man won the blue-rib-bon
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    • 303 9 Lion City Cup SINGAPORE was eliminated from the Lion City Cup Under-16 soccer competition, but still earned the cheers of more than 1,000 fans at the Serangoon Stadium on Wednesday for its fighting spirit in a 2-2 draw with Pahang. Singapore trailed 0-2 after 34 minutes
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    • 105 9  -  By Hakikat Rai JAKARTA It was like taking candy from a baby for Muhamad Hosni Muhamad, as he literally stole the 100-metre crown from under the noses of his challengers at the Indonesian Open athletics championships here on Thursday. The Singapore Open winner picked
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  • MALAYSIA
    • 442 10  -  By Kalimullah Hassan KUALA LUMPUR Tan Sri Rahim Thambv Chik on Thursday took indefinite leave from his post as Malacca’s Chief Minister and all political posts pending the outcome of investigations into his alleged involvement with a 15-year-old schoolgirl. Prime Minister
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    • 507 10 Bernama KUALA LUMPUR Malaysia is experiencing the longest and strongest expansion of its economy in over 3 decades. Prime Minister Datuk Seri Dr Mahathir Mohamad said on Wednesday. He said the current economic expansion, which began in 1987, was well into
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    • 345 10 KUANTAN A goldfield, possibly containing the country’s largest top-quality deposits. has been discovered in Pahang. According to reports on Thursday in the New Straits Times and The Star, Mentri Besar Tan Sri Mohamad Khalil Yaakob announced here on Wednesday that the discovery of the
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    • 155 10 KLALA LLMPUR Datuk Seri Dr Mahathir Mohamad on Thursday became Malaysia’s longest-serving Prime Minister but declined to attach any importance to it, saying it was “an accident of history”. Dr Mahathir, who became Prime Minister on July 16, 1981, broke the record of Malaysia’s first
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    • 205 10 Bernama JOHOR BARU A suspected prostitute and a client dashed naked into a busy street to escape a raiding party, but were arrested after a 100-metre chase. The woman and her client were caught literally with their pants
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    • 337 10  -  Ashaari’s wife and child are also deported from Thailand By Kalimullah Hassan KUALA LUMPUR AlArqam leader Ashaari Muhammad, 57, has been detained under the Internal Security Act which provides for indefinite detention without trial, deputy Inspector General of Police Datuk Samsuri Arshad said last Saturday. Haji Ashaari,
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  • ASEAN
    • 423 11  -  Their skills to be upgraded in host countries By Nirmal Ghosh Manila Correspondent MANILA The Philippine government wants to reduce the number of Filipino workers deployed overseas eventually, while raising their skills through training programmes in host countries. The Philippines has 1.2
      Timesgraphics; Source: Philippines Foreign Exchange Regulations Department.  -  423 words
    • 163 11 AFP. JAKARTA Angry students at an Indonesian state high school in the central Java city of Semarang have gone on strike over a miniskirt ban, according to a press report last Saturday. The Bisnis Indonesia daily said the students refused to go
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    • 383 11 UPI. MANILA For vacation-go-ers looking for exotic sights, the Philippines has it all: white-sand beaches, sprawling golf courses and unspoiled forests. Unfortunately, most overseas travellers to the Philippines must first endure Manila’s Ninoy Aquino International Airport, where the exasperated chief of security complained:
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    • 477 11  -  The move will also widen the tax net By Simon Sinaga in Jakarta INDONESIA will make broad changes to its tax structure, including capping individual and corporate rates at a maximum of 30 per cent, as part of efforts to boost revenue
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    • 127 11 AFP. BANGKOK Thai Commerce Minister Uthai Pimchaichon had his face slapped with a plastic bag full of human excrement at a press conference here on Wednesday, reporters at the scene said. He had just wound up the conference when a man in a
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  • COMMENT / Pick of the week’s editorials
    • 594 12 SEPT 10. 1994 THE Institute of Management Development and the World Economic Forum, two Switzer-land-based organisations which publish the annual World Competitiveness Report, did the right thing when they combined the ranking for industrialised and industrialising countries in their latest report. As they said, these countries are
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    • 615 12 SEPT 9. 1994 WHERE the practice of diplomacy goes. Prime Minister Goh Chok Tong’s meeting in Langkawi this week with the Malaysian Prime Minister was in the nature of dropping by for a coffee. That is, a friendship is never taken for granted but worked
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    • 647 12 SEPT 6. 1994 CENTRAL to the HDB’s new registration system for allocating flats is the Government’s entirely justified determination to spare young couples without a roof of their own the frustration they are bound to suffer when they find themselves edged out of the queue
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    • 839 12  - Are coffee--serving women not politically correct? By Warren Fernandez A VERITABLE storm in a coffee-cup has been brewing in recent weeks. The issue, debated by columnists and letter-writers in this newspaper: Should a woman serve her husband coffee? Or is this an act of subservience, even if done willingly? The
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  • COMMENT / ANALYSIS
    • 1933 13  - The PAP and the people A Great Affective Divide By Catherine Lim IT IS no secret that while the PAP Government has inspired in the people much respect for its efficiency and much gratitude for the good life as a result of this efficiency, there is very little in the
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  • INSIGHT A LOOK AT THE ISSUES OF THE DAY BY THE STRAITS TIMES POLITICAL DESK
    • 2604 14 ONE out of 100 babies born in Singapore is illegitimate. This may not seem alarming when compared with the rate of one out of three births in the United States. But the Government is determined to take whatever measures necessary to make sure the numbers
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    • OFF-THE-RECORD
      • 74 15 THERE will be a new director of news when the Singapore Broadcasting Corporation is corporatised on Oct 1. Sources say bureaucrat-turned-broadcaster Niam Chiang Meng has been picked for the job. Mr Niam, 36, has been with SBC for 1 1 2 years as assistant news
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      • 45 15 THE wits about town already have something to say about television’s new breakfast show, A M. Singapore. In the past, they say, people woke up to the crowing of roosters. Now that the kampungs are gone, what you have is Ayam Singapore.
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      • 144 15 THE Singapore Democratic Party’s former leader, Mr Chiam See Tong, was spotted at Braddell Heights three weekends ago on a walkabout with one-time party colleague Sin Kek Tong. Mr Sin contested the ward in the last two general elections under the SDP banner. Now
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      • 132 15 WOMEN planning to marry soon may want to consider getting their men to make this ancient Egyptian marriage vow, quoted by Nominated MP Kanwaljit Soin at a youth forum last Tuesday. “I bow before your rights as wife. From this day I shall never oppose your claims
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    • 1048 15  -  THINKING ALOUD Han F<x)k Kwang WHEN I wrote in this column a fortnight ago about the trend of smarter children coming from better-educated households continuing through to subsequent generations, and so stratifying Singapore society, I left out one other
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    • 1025 15 Parliament passed a Bill two weeks ago to privatise the Singapore BroadeastingCorporation. Minister for Information and the Arts George Y r eo describes to Cherian George the shape of Singapore’s new TV environment. Insight: How did Government’s thinking about privatising SBC evolve?
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  • MONEY
    • 7161 16 INDUSTRIAL AND COMMERCIAL Transaction Date: Seo 9. 1994 1994 Curr Laat Vol Day Gra Nat M CapWt Avg High Low Company Traded Sale OC000 High Low Div P/E $mil Price 1440 835 #l s Aetna 975 15 120 995 965 17 5 15 6 6720 978 800
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    • 327 17  -  By GOH SOO MAY. TRADING on the Singapore stock market this week was dominated by activity in Malaysian shares traded over-the-counter here. The week had started on the quiet note with a general correction in share prices as the market digested hefty gains made
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    • 99 17 ST Industrials Index The Straits Times Industrials Index tel 30.65 points on the week to 2299.96. DAY CLOSE TURNOVER Monday 2328 06 (-2.55) *****m ($557 824m) Tuesday 2338 55 10 49) 217 09m ($636 293m) Wednesday 2327 01 (-11 54) 211 73m ($619 524m) Thursday 2304 23 (-22.78)
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    • 249 18 DBS Bank will be opening a branch office in Labuan, Malaysia's offshore financial centre, by the end of the year. DBS last Friday announced that it has received approval from Malaysia's Finance Ministry to conduct offshore banking business in the Federal
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    • 3404 18 CORPORATE RESL LTS Dale Net E arn n n 1 P" ia n 1 timpani unn ismi tSmt irtsi \Cl\) ABK Hldgs Mas JO E 1 40" 2 6* l 2 \cma lun If f 41 flk 14 266 fO <> Alcorn* Aug 1 1 4
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    • 492 18 SINGAPORE’S top 20 contractors chalked up a record $2.9 billion in combined turnover last year, up 8.2 per cent from 1992. Main board-listed L&M emerged tops in terms of both turnover and value of contracts awarded. The Construction Industry Development Board (CIDB) released
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    • 136 18 FORMER President Mr Wee Kim Wee has been appointed as a director on the board of listed property group Liang Court Holdings with effect from Monday. Known as the “People’s President Mr Wee, 79, was the fourth president and served for twofour-year
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    • 588 19  -  ‘Outsiders’ walk away with two landed residential plots at below market prices By Ann Williams and Kalpana Rashiwala IN A surprise move, the big developers present at Wednesday’s first-ev-er auction of large parcels of residential state land chose not to bid, enabling two
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    • 519 19 Friday September HKS ASM Pacific 5.85 unch Allied Ind Int'l .0 60 0 02 Allied Oversea 0.86 0.03 Asia Sec Inf .2.54 0 12 Bank of EA 35 20 unch C P Pokphand 2 62 0 02 CDL Hotel ...3.20 -0.10 Cafe De Coral 3.32 -0 06 Cath Pac
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    • 321 19 Manager’s prices (or Sep 10 12 Singapore Unit Trust The Commerce 1.69- 1 79 The Savings Fund 161-170 Spore Prog Fund 0.72-0 76 S pore Sec Fund 1.05-1 ll«d S pore Invest Fund 1.21-1.28 S pore Equity Fund 0 84- 0 89 Credit Lyonnais Int'l Asset Mgt Cl
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    • 551 19  -  Act now while openings are still wide, says minister Yeo Cheow Tong’s visit to China By Tan Tarn How in Chengdu SINGAPORE investors should seize their chances in Sichuan province while the window of opportunity is still wide open, Trade and Industry Minister Yeo
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    • 152 19 COUNTER RATES Singapore dollars to one unit ot foreign currency Buyint 00 Seine US dollar I 4885 1.5054 Sterling pound 2.2799 2.3330 Australian dollar I 0966 1 1290 Canadian dollar 1.0777 1 1027 NZ dollar 0 8873 0.9175 EC unit 1.8486 Singapore dollars to 100 of foreign currency units
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    • 235 19 AMERICAN Express is making a foray into the credit card business in Singapore next year in a move to corner a slice of the plastic market currently dominated here by Visa and Master Card. If the plan takes off, it
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    • 135 19 Contract data: 9/9/94 CURRENCY 1 MTH 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE DATE uss 4 4 Mr 4 5 4 4". 5'. 3'13/9 '94 A$ 4% 4‘. 5 J i 5' s 6 3'i 13/9,94 N2S 5*. 6'» 6H 6'^ 6 Vi 4
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    • 373 20  -  Manufacturing staff benefits lag behind By Douglas Wong PAY rises, bonuses and other benefits such as leave have increased more for non-exec-utive workers in the services sector than those employed in manufacturing, widening further the gap between the two industries.
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    • 218 20 TWO Singaporean electronic engineers head the list of nominees for Hongkong-based EDN Asia Magazine’s (EDN Asia) Innovator of the Year Award. The two, Creative Technology’s Mr Sim W’ong Hoo, and Eutech Cybernetics’ Dr Hari Gunasingham, were past winners of the
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    • 422 20  -  By Tammy Tan THE Batam authorities have appointed consultants for the island's proposed $1.4 billion container port project and a feasibility study already under way is expected to be ready by the middle of next year. Mr Arifin Mokhtar, group executive director of
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    • 239 20 DISK drive maker Seagate Technology has announced a $2OO million investment to build what is billed as Singapore’s largest single electronics manufacturing facility. The one million sq ft plant in Ang Mo Kio, which will bring its three plants in Tuas,
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    • 382 20 Aim is to raise standards of analysis AN ECONOMIC Forecast of the Year Award has been launched by the Economic Society of Singapore (ESS) to raise the standards of economic forecasting and analysis in Singapore. The annual award will be presented to the
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  • Page 21 Advertisements
    • 992 21 The Straits Times Weekly Edition Ii NATIONAL UNIVERSITY OF SINGAPORE RESEARCH ASSISTANTS I 1 Applications are invited for appointment as Research Assistants under the following research projects: SCHOOL OF BUILDING AND ESTATE MANAGEMENT (1) Model to Identify Factors which Influence the Inter-Movement of Firms Between Central Area and Outside Central
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  • Page 22 Advertisements
    • 876 22 JPMorgan A strong institutional character and unsurpassed worldwide capabilities have long combined to make J.P Morgan a leader in global finance. We are one of the world's premier banking firms with a portfolio of innovative products and services, matched by a presence in all major financial centres. Superior technology, foresight,
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  • FORUM
    • 586 23 CHEE Soon Juan (letter below) dismisses the issue of receipts for his alleged taxi rides between NUS and Toa Payoh as a “distracting sideshow”. Really? He had stated, in his letter of Aug 24 that “as for taxi fares, I know
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    • 734 23 IF I HAD to guess which game PAP politicians enjoyed most, it would be musical chairs. Dr S. Vasoo has now been appointed to take over the exchange of letters. From the five points that Mr Matthias Yao raised in his letter, only one
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    • 286 23 CATHERINE Lim’s observations in the article “The PAP and the people A Great Affective Divide” (Page 13) is in variance with the popularity of the PAP Government. At the last General Election. the PAP was returned with a popular mandate of over
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    • 449 23 MR PEH Chin Hua advocates that teachers should cane students (Page 8). He believes that caning is the “best way" to discipline. Research shows it is the worst way. In the short term it gets results; in the long term
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  • 809 24  -  PM Goh wants to broaden cooperation with India By Felix Soh INDIAN Prime Minister P.V. Narasimha Rao on Thursday enunciated his vision of a new relationship between India and the Asia-Pacific with Singapore as the “geographic and symbolic centre” of the region. Mr Rao,
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  • 608 24 SENIOR Minister Lee Kuan Yewsaid on Thursday that the changes wrought by Indian Prime Minister Narasimha Rao could be potentially as lasting as those of Chinese leader Deng Xiaoping. “Instead of acting as a stop-gap leader, PM Rao has launched
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